City Next Developers Private Limited
About City Next Developers Private Limited
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City Next Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45203MH2007PTC175385. Its GSTIN is 27AADCC1964H1ZO (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prakash Bhimrao Patil and Laxmi Shrihari Nagargoje.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.7 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.34 Lakh (net margin 9.1%) and EBITDA of ₹3.41 Lakh (EBITDA margin 13.3%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 28% over five years.
As per MCA filings, the company has open charges of ₹64 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressShop – 3 Meera Building Ground Floor Old Nagardas Rd R.K. Singh Marg Ambawadi Jogeshwari(Eas, T), Mumbai, Maharashtra, India – 400060
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of City Next Developers Private Limited
The main business activity of City Next Developers is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of City Next Developers Private Limited FY 2025 filings available
City Next Developers Private Limited reported revenue of ₹25.7 Lakh (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of City Next Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 3% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of City Next Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.41 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.34 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of City Next Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of City Next Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of City Next Developers Private Limited
City Next Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Erode Merchants Pvt. Ltd. | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Sanskriti Golden Oak Real Estate Private Limited | •••• | •••• | •••• | •••• | - | Chandigarh, India |
| Shree Bhagwati Homes Private Limited | •••• | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| Kailash Buildestate Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Paithrika Homes and Estates Private Limited | •••• | •••• | •••• | •••• | - | Thiruvananthapuram, Kerala, India |
| City Next Developers Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sagacious Conbuild Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Subhakripa Homes Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Maa Vaishnavi Developers and Promoters Private Limited | •••• | •••• | •••• | •••• | - | Bt Tiraha, Madhya Pradesh, India |
| Altamash Noman Buildtech Private Limited | •••• | •••• | •••• | •••• | - | Meerut, Uttar Pradesh, India |
| JSK India Real Tech Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
Peers are the five companies nearest above and the five nearest below City Next Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of City Next Developers Private Limited
Auditor information for City Next Developers Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of City Next Developers Private Limited
City Next Developers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Bhimrao Patil Also directs: Patil's Sand Crushers LLP | Director | 25 Oct 2007 | 18 Years 11 Months | Current |
| Laxmi Shrihari Nagargoje Also directs: Luxshri Ventures LLP | Additional Director | 12 Jun 2008 | 18 Years 3 Months | Current |
Ownership and Shareholding of City Next Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of City Next Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Sep 2012 | Kotak Mahindra Bank Limited | ₹64 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at City Next Developers Private Limited
Employment history and EPFO contributions of people linked to City Next Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on City Next Developers Private Limited
City Next Developers Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Laxmi Shrihari Nagargoje was appointed as Additional Director on 12 Jun 2008.
Credit Ratings, Litigation & Regulatory Alerts for City Next Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by City Next Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of City Next Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of City Next Developers Private Limited
City Next Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC1964H1ZO | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of City Next Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about City Next Developers Private Limited
City Next Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 October 2007 (19+ years old) and is registered under CIN U45203MH2007PTC175385.
City Next Developers reported revenue of ₹25.7 Lakh for FY 2025 (down 3% YoY).
City Next Developers has 2 current directors:
- Prakash Bhimrao Patil - Director
- Laxmi Shrihari Nagargoje - Additional Director
City Next Developers reported a net profit of ₹2.34 Lakh (net margin 9.1%) and EBITDA of ₹3.41 Lakh (EBITDA margin 13.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of City Next Developers is -44% over three years and -28% over five years. In the latest year (FY 2025) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of City Next Developers is 27AADCC1964H1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of City Next Developers is U45203MH2007PTC175385. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
City Next Developers was incorporated on 25 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of City Next Developers by revenue are Erode Merchants Pvt. Ltd, Sanskriti Golden Oak Real Estate Private Limited, Shree Bhagwati Homes Private Limited, Kailash Buildestate Private Limited, Paithrika Homes and Estates Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Laxmi Shrihari Nagargoje was appointed as Additional Director on 12 Jun 2008. Shrihari Shesherao Nagargoje ceased to be Director on 12 Jun 2008. Prakash Bhimrao Patil was appointed as Director on 25 Oct 2007.
The registered office of City Next Developers is at Shop – 3 Meera Building Ground Floor Old Nagardas Rd R.K. Singh Marg Ambawadi JogeshwariEas, T, Mumbai, Maharashtra, India – 400060.